Saipem News

Saipem Posts 1H Loss. Expects Sales Pick-up in 2H

Jul 30, 2021

Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project.The group posted…

Saipem Opens Offshore Construction Facility in Guyana

Jun 07, 2021

Italian offshore energy services company Saipem has inaugurated its new facility at the port of Georgetown, Guyana, to support its offshore oil and gas installation activities in the country.'The Saipem Guyana Offshore Construction Facility…

Saipem Launches Offshore Tech for Green Hydrogen Production

Jul 19, 2021

Italian oilfield and renewables services provider Saipem on Monday launched a technological solution for the offshore production of green hydrogen and the conversion of oil & gas facilities called SUISO.'SUISO combines various renewable energy sources such as floating wind…

ABS to Class FPSO Pair Being Built for Petrobras Buzios Field

Aug 19, 2021

The American Bureau of Shipping said Thursday that an FPSO duo being built for Brazil's Petrobras would be constructed to ABS Class.The sister FPSOs are currently named P-78 and P-79 and will be deployed at the giant Buzios pre-salt offshore oil field in Brazil's Santos Basin…

Vår Energi Gets OK to Drill at Rødhette Prospect in Barents Sea

Aug 13, 2021

Norwegian oil and gas exploration and production company Vår Energi has obtained regulatory consent to drill an exploration well in the Barents Sea, off Norway.The Petroleum Safety Authority Norway on Thursday said it had given Vår Energi its…

Saipem Closes Purchase of Naval Energies' Floating Wind Business

Jul 13, 2021

Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business.The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled…

South Korea's DSME to Build Offshore Platform for Al-Shaheen Field in Qatar

Jul 15, 2021

South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won an order to build a fixed offshore platform for the Al-Shaheen oil field in Qatar.The order, worth around KRW 725.3 billion ($635,3 million) was made by the North Oil Company (NOC)…

Wintershall Dea Norge Awards Six-well Drilling Contract to Saipem

Jun 17, 2021

Wintershall Dea Norge has awarded Saipem's Scarabeo 8 semi-submersible drilling rig a six-well drilling contract in Norway.The harsh-environment rig will drill the wells in the Norwegian part of the North Sea, with operations start-up slated for the fourth quarter of 2021…

FPSO Demand Booming: 10 Units Expected to Be Ordered in 2022

Jul 05, 2021

More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted interest from suppliers for some recent FPSO tenders…

Eni Makes 'Significant' Oil Find Offshore Ghana. Eyes Tie-in to Nearby FPSO

Jul 06, 2021

Italian oil giant Eni said Tuesday it had made a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana.The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary…

Petrobras Orders $2.3B FPSO from Saipem, DSME JV

Jun 11, 2021

Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…

Saipem Acquires Naval Energies' Floating Wind Business

Jun 04, 2021

Italian energy services firm Saipem has agreed to acquire the floating wind business of the French company Naval Energies, a subsidiary of Naval Group.The business consists of Naval Energies' engineering know-how on floating units, intellectual property rights…

Horisont Energi Taps Saipem, Technip Energies for Barents Blue Ammonia Project

Jun 15, 2021

Norwegian carbon tech company Horisont Energi has selected Saipem and Technip Energies for two independent concept studies for the full conceptual design of the Barents Blue carbon-neutral ammonia plant in Hammerfest, northern Norway.Back in May…

Acteon Secures Work with Saipem at Calvados Offshore Wind Farm in France

Jun 03, 2021

Offshore services company Acteon has secured an integrated project with Saipem for casing installation and drilling support on the Calvados offshore wind farm (Courseulles-sur-Mer). The contract was signed by LDD, a company in Acteon's foundations and cables segment…

Solstad Offshore, Saipem Settle Vessel Contract Termination Fee Dispute

May 20, 2021

Norwegian offshore vessel operator Solstad Offshore said Thursday it had reached a settlement deal with the Italian offshore services firm Saipem over a fee for early contract termination for the Normand Maximus vessel.As reported in September 2020…

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